Ann: Eritrean Gravity Survey Update , page-2

I've been on the road again this afternoon, working this morning, so I didn't see the announcement until tonight.
No comments from the commentariat on HC, so I'll make my remarks to, maybe, add the 'between the lines' thoughts.
First thing that comes to mind is that we've now had a couple of positive announcements, from HQ, during the currency of this capital raising in progress.
Second thing is that many have speculated, in the past, that Mr. G's over-riding concern is to grab as much of GIP as he can at low prices. Well, low prices 'R us', atm, but the timing of the announcements suggests to me that Mr. G would prefer that existing players take up their rights. He, Mr. G, has stated publicly, a few times, that he has no particular desire to increase his holding in GIP much above what it is already. He will stand behind GIP but encourages existing shareholders to play their part too, is how I read it.
I, like many others, cannot take up everything I'm offered, unfortunately, but what I can I will and at 1.5c the downside is minimal (oblivion) but, IMO, upside is a very much more likely outcome.